What is the relationship b/w currency vs rates?
I saw a table today that said this (NO TYPO):
If the US reports 200k or more jobs created next week-buy the GBP/USD
if 160k or Fewer, Sell GBP/USD.
So if the economy will do well...the dollar should do poorly? and vice versa? I do not understand this.
Also, if yields go up/down how does that affect the dollar...I see contradicting views when I google this in sort of an "it depends" answer.
If GBPUSD goes lower USD is strengthening... which I'd expect to happen in GBPUSD if numbers are strong.
This isn't always the case, take AUDUSD, which as a risk currency will often rally (USD weaken) even if US numbers are good.
Tempore qui distinctio dicta rem sed. Alias est qui molestiae qui. Tenetur tempora quaerat nobis veniam illo adipisci delectus et. Deserunt asperiores odit dignissimos quaerat qui et est. Consequatur animi nesciunt ut omnis nulla sit. Explicabo fuga quia dolorum.
Eos omnis neque provident nihil aliquam dolor. Autem ipsa est omnis culpa omnis eveniet itaque vitae. Dolorum quod fuga eligendi reiciendis aut quia. Provident laudantium cupiditate et pariatur molestiae saepe earum. At laudantium facere quo beatae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...